Fomc March 20 2024 Results. The federal reserve (fed) announced at its march 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%. March 20, 2024 at 6:20 pm edt.
The federal reserve (fed) announced at its march 2024 meeting that it would maintain the overnight federal funds rate at the current range of 5.25% to 5.5%. The fomc is highly unlikely to adjust interest rates at its march meeting, but clues about the fedโs expectations for the timing and extent of interest rate cuts in 2024.